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hawaii tonight to come back to d.c. let's speak to a republican from florida. congresswoman, you played a big role in getting a marine out of a nightmarish prison in mexico and back to his family for christmas. first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's
today. the president is pulling the plug on his trip to hawaii to tend to urgent matters in washington. with tax hikes looming in less than a week, he's scheduled to return to the white house tomorrow, just as a deadlocked congress reconvenes days ahead of the so-called fiscal cliff. you're just six days from feeling this. now, first hit is coming on january 1st when your take home pay will drop by 2% because of a scheduled hike in the social security payroll tax. that's just the start. income taxes are set to climb too. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is sup
. on to the fiscal cliff this morning. the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas eve performance for t
to hawaii. the president may not go to hawaii -- >> come on. >> oh, stop it right now. >> there's no way. he's got to go to hawaii. it's his home! he was born there whether trump believes it or not. >> majority leader reid says he doesn't believe there will be a deal by christmas. >> partly because of the mechanics. another incentive, we're told if the deal stretches out, if there's no deal, if they're trying to fight over the fiscal cliff in january, senate democrats will be less eager to take on susan rice as the secretary of state nominee. they've said the president would win that fight. they don't want to worry about the massachusetts seat. but if they have all this stuff swap into january. >> a related issue -- >> no, i have a feeling this is not going to be related at all. >> very related. willie, what do you think the life expectancy is in new york city? >> male or female or just overall? >> anybody. what would you think? >> i'll say 81. >> it's 81. >> is it really? >> howard wolfson just tweeted -- >> i made that up. >> move to new york city. it is a remarkable thing. >> thanks. >> t
is cutting short his vacation to hawaii. he is returning to deal with economic matters, the fiscal cliff. if his death has been quietly talking with senate democrats are the christmas holiday to come up with a planned to avert or prevent the cliff. in the meantime, the senate does plan a session tomorrow. perhaps we will hear more about an agreement before the new year's deadline. the house is due tomorrow as well. we do not have an agenda and there. with the fiscal cliffhanging out there heading into the year 2013, do you have optimism or pessimism heading into the new ? you can also send in your comment via twitter, a post a comment on facebook, or write us an e-mail. the theme of optimism or lack of it is prevalent in the papers. wednesday with congress and the president heading back to washington. here is a headline on "usa today." in the wall street journal -- if the in "the washington post." we welcome your phone calls. we will get to them in a moment. we did find another piece at politico. there you have it in the papers this morning about people being optimistic or pessimistic ab
, when the president is supposed to head to hawaii on his christmas vacation, all of this could slide. the real deadline is the end of the year, but they really need to strike a deal by christmas. and even doing that, have been waiting as long as that is something that could really roil the market. so it's also important that they do it before then, ted. >> yeah, well, hopefully the threat of missing their vacation will push them to work harder. >> it works sometimes. >> sure. brianna keilar for us this morning at the white house. brianna, thank you. this morning, some calming words on syria amid fears that the crumbling regime there could unleash chemical weapons on its own people, just days after the u.s. and other countries warned embattled president bashar al assad against such action. defense secretary leon panetta says syria may be backing away from that threat. here is what panetta said earlier this morning aboard a flight to kuwait city. >> we haven't seen anything new indicating, you know, any aggressive steps to move forward in that way. but we continue to monitor it very cl
and all of danny's family, to the people of hawaii, and to all of those touched by this remarkable man. mr. president, i yield the floor. i note the absence of a quorum. the presiding officer: the clerk will call the roll. 0. quorum call: mr. coats: i ask that the call of the role be dispensed with. the presiding officer: without objection. mr. coats: mr. president, i have not yet filed but i plan to shortly ae an alternative amendt to the emergency supplemental, which is on the floor and in the process of being debated. i would like to explain what it is that i am going to file and what it does and explain the rationale behind it. mr. akaka: will the senator quelled for a a question? -- mr. leahy: will the senator yield for a question? mr. coats: i would be happy to yield. mr. leahy: it is ming that you are not going to -- it is my understanding that you are not going to seek action on it now, it is simply to file it? mr. coats: that is my intention. mr. leahy: thank you. mr. coats: the senator from vermont is correct. i don't intend to take any action on this now. i know there are events
.com/drive. >>> president obama is heading back from his holiday vacation in hawaii early in case there is a last-minute deal. the senate returns from christmas break tomorrow. house leaders say they're prepared to call members back if there is an agreement. joining us to talk about this is john avalon. he's a senior political columnist for "newsweek" and "the daily beast." we're here again. it's like groundhog day. we don't think there's going to be any kind of grand bargain at this point. what are the short-term measures? what's the best thing to hope for in the next six days? >> the best thing we can hope for is they get back to work again, suzanne. from all reports leadership isn't even talking to each other at this point. so it really is urgent. with six days left, the clock is ticking and the countdown is going on. this is not something abstract on the washington level. people need to appreciate if the country goes over the fiscal cliff, it will impact the bottom line as well. money out of their pocket in the form of tax hikes. >> we have stop gap measures. there are some things they can do
inouye, and that service will take place in hawaii and it has created a challenge for us as it relates to the schedule. we understand that this is a difficult, difficult time. we need to work together to put in place pro-growth and economic policies. i think, as i said in my opening remarks, there is a bipartisan way to do that. commend the president for his proposal to lower the corporate tax rate. real tax reform -- this can be done in a bipartisan way. real entitlement reform does not hurt our fellow americans. that is something that can be done in a responsible way. i will simply say that this is not a perfect process, but it is the end of the session -- the process is going on right now to deal with a tough situation. we do not want afro-americans to be hurting, especially at this time of year -- we do not want our fellow americans to be hurting, especially at this time of year. i think we can see an agreement which will work to ensure that does not take place. mr. speaker, i urge my colleagues to support the rule, support the andrews -- underline legislation, both taxes and the e
Search Results 0 to 8 of about 9

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